4016 Lyceum Ave, Los Angeles, CA 90066

Property Description

Just two miles from the beach in the sought-after Del Rey neighborhood, this charming 1924 side-by-side duplex presents a rare owner-user opportunity in one of the Westside's most desirable coastal communities. Set on a 5,258 square foot lot and totaling approximately 2,210 square feet, the property blends vintage character with subtle Spanish Revival influences, including architectural arches, abundant natural light, and original oak hardwood floors. One residence, a spacious 2-bedroom, 2-bath home (approx. 1,225 sq ft), will be delivered vacant at close of escrow, offering the feel of a private single-family residence. The home features high ceilings, a welcoming front patio, formal dining room with French doors opening to a private terrace, and a backyard ideal for indoor-outdoor living. The adjacent residence is a 1-bedroom + den with formal dining room, currently leased at $3,500 per month through October 2026, providing stable in-place income. Each residence includes a private one-car garage with alley access.Located moments from Venice, Marina del Rey, and Culver City, the property offers convenient access to dining, shopping, and the Westside's vibrant coastal lifestyle.Ideal for an owner-user seeking coastal living with supplemental income or an investor interested in a classic character duplex in a premier Westside location. * Cap Rate and GRM are estimates, based on projected rents.